§454M-2 License required.
95 words·~1 min read·
/hi/454m-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§454M-2 License required.
(a)No person except those exempted under this chapter shall engage in the business of mortgage servicing without a license as provided in this chapter.
(b)No person shall engage in the business of mortgage servicing in this State unless the person providing services has a physical presence in the State pursuant to section 454M‑5(b)(6). [L 2009, c 106, pt of §1; am L 2011, c 48, §8; am L 2012, c 245, §3; am L 2015, c 62, §3; am L 2016, c 122, §20]
Cross References
Enforcement authorities, see §454M-8.7.